Responsibilities:
- Prepare opening and closing entries for acquisitions and dispositions of properties.
- Coordinate with joint venture partners/3rd party managers to obtain property-level financial information and build an effective working relationship.
- Perform detailed review of property-level financial information and monthly reporting packages and record adjustments as necessary on a fair value basis of accounting.
- Partner with internal teams to consolidate property and fund level financial activity to support the preparation of monthly, quarterly, and annual financial statements for assigned funds.
- Monitor and manage fund-level bank accounts, process accounts payable and cash disbursements and record entries to the Yardi general ledger.
- Record investor level activity and generate investor deliverables (Account Statements, Capital Call & Distribution Notices) ensuring all calculations are accurate and timely.
- Calculate quarterly and annual management and incentive fees for assigned funds.
- Assist Portfolio Management team with fund level cash analysis and projections to determine cash needs or cash availability for distribution.
- Prepare quarterly fund level expense variance analysis and annual fund level budgets.
- Prepare responses for on-going investor/consultant requests relative to investor reporting.
- Collaborate with PM operations, investor relations and compliance teams.
- Work directly with independent auditors to complete year end Fund audits and tax filings.
- Other duties as assigned.
Requirements:
- Bachelor’s degree in accounting or finance; CPA (or working towards) preferred.
- 2+ years of accounting experience with real estate or financial services experience preferred.
- Strong analytical abilities and perseverance to solve problems with high attention to detail.
- Ability to perform well under pressure, be adaptable, and take initiative.
- Strong organizational, written and verbal communication skills.
- Continuous improvement mind-set: ability to seek out and implement best practices.
- Yardi general ledger experience preferred.
- Workiva financial reporting platform experience preferred.
- Proficient in Microsoft Excel.
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What We Do
Harrison Street is one of the leading investment management firms exclusively focused on alternative real assets. Since inception in 2005, the firm has created a series of differentiated investment solutions focused on demographic-driven, needs-based assets. The firm has invested across senior housing, student housing, build-to-rent, healthcare delivery, life sciences and storage real estate as well as social, utility and digital infrastructure. Headquartered in Chicago and London, with offices throughout North America, Europe and Asia, the firm has more than 290-employees and approximately $55 billion in assets under management. Clients of the firm include a global institutional investor base domiciled in North America, Europe, Middle East, Asia and Latin America. Harrison Street was awarded Best Places to Work by Pensions & Investments for ten years (2014-2020, 2022-2024) and since 2019 has won 15 awards from PERE, including three for the 2023 Awards: Alternatives Investor of the Year – Global, Data Centers Investor of the Year – North America, and ESG Firm of the Year - North America. Harrison Street did not pay any compensation in exchange for the aforementioned awards. For more information, please visit www.harrisonst.com. Assets under management ("AUM") reflects AUM for the Firm’s investment advisory and asset management clients. The information contained on this site is for informational purposes only and should not be considered as investment advice or as a recommendation of any particular strategy or investment product. This profile should not be considered as a solicitation for services *As used in this website, unless the context otherwise requires, "Harrison Street," “HSRE”, “HS” or the "Firm" refers collectively to Harrison Street Real Estate Capital LLC, its subsidiaries, including Harrison Street Advisors.
